KBR Inc (KBR)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 6,608,000 | 6,295,000 | 7,084,000 | 5,101,000 | 4,986,000 |
| Inventory | US$ in thousands | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $6,608,000K ÷ $—K
= —
To calculate the inventory turnover for KBR Inc, we need the cost of goods sold (COGS) and the average inventory for each year. Without this information provided in the table, we are unable to directly compute the inventory turnover ratio.
Inventory turnover is a crucial financial ratio that measures how efficiently a company manages its inventory by showing how many times a company sells and replaces its inventory during a specific period. A higher inventory turnover ratio indicates that a company is selling goods quickly and efficiently managing its inventory, while a lower ratio may suggest overstocking or slow-moving inventory.
To offer a more detailed analysis, we would need additional data on KBR Inc's COGS and average inventory levels for the respective years. With this data, we can calculate the inventory turnover ratios and provide insights into the company's inventory management efficiency over the years.
Peer comparison
Dec 31, 2023